UK - Exponent closes second fund on £805m

Exponent Private Equity has reached the final close of its second fund, Exponent Private Equity Partners II, LP, with commitments of ТЃ805m. This fund doubles the amount raised in the first fund in 2004. Exponent will continue to focus on investing in larger, more complex mid-market buyouts of UK companies and can commit up to ТЃ200m in any one transaction. Investors in the ТЃ805m vehicle included funds managed by Pathway, Pantheon Ventures, Danske Private Equity, MassPRIM, OMERS Capital Partners, NYL Capital Partners and Bank of Scotland.